Dover.uk.com
If this post contains material that is offensive, inappropriate, illegal, or is a personal attack towards yourself, please report it using the form at the end of this page.

All reported posts will be reviewed by a moderator.
  • The post you are reporting:
     
    Alexander - there you go demonstrating my point. The reason that you diversify investments is to maximise gain while minimising risk. In this case institutional risk. I forget the exact figure but about 4% of the portfolio was invested in Icelandic Bank accounts, not an unreasonable level. Now if British banks like RBS/HBOS can also nearly go belly up, you can hardly point the finger at the Councils. You must remember that was a once in a century crisis.

Report Post

 
end link